1403 12 Street Sw Calgary, Alberta T3C 1B3


A Rare Land Assembly Opportunity in an Urban-Residential setting is for sale in the heart of the Beltline.On the corner of 14th Avenue and 12th Street SW, the site overlooks a green space to the north,expansive downtown vistas to the east and is walking distance to amenities including 17th Avenue SW tothe south. If Sold together with 1407 12 Street SW (MLS # A1218993) the assembled site is 75ft x 130ft.The current land use classification is Centre City Multi-Residential High-Rise (CC-MH) which allows fivetimes (FAR 5) a total buildable area of 48,800 sqft. An increase to FAR 7, a total buildable area of 68,362sqft, may be attainable by including amenities as per the City of Calgary Land Use Bylaw 192007, Sec.11,Div 7. As either a Purpose Built Rental or as a Unit For Sale development, the site may accommodate avariety of building forms in either concrete or wood frame. A City of Calgary Pre-Application Review wascompleted in January 2023. The review is based on a proposed 49-unit development consisting of 7townhomes and 42 apartment-style homes over underground parking. The Pre-Application Review isavailable for your review upon acceptance of a Non-Disclosure Agreement (NDA). As a Holding Property,1403 operates as a character home converted to Offices and residential suites. In addition, 1407 iscurrently owner occupied and has been used as a residential rental property. It is rare to find a propertyin a desirable urban-residential development setting with potential to accommodate a variety ofpersonal Investment and Development opportunities. Please review the Property Brochure attached in supplements. (id:20868)

Property Details

MLS® Number A2035369
Property Type Vacant Land
Community Name Beltline
Amenities Near By Park
Features Paved Lane
Plan Lot 24,25,26


Age Age Is Unknown


Acreage No
Fence Type Not Fenced
Land Amenities Park
Size Depth 22.86 M
Size Frontage 21.33 M
Size Irregular 5255.00
Size Total 5255 Sqft|4,051 - 7,250 Sqft
Size Total Text 5255 Sqft|4,051 - 7,250 Sqft
Zoning Description Cc-mh



Contact us for more information

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Anthony Laratta

(403) 863-9506
(403) 244-5315

Sotheby's International Realty Canada
290, 815 - 17 Avenue Sw
Calgary, Alberta T2T 0A1

(403) 254-5315
(403) 244-5315

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